LG Display's first-quarter panel sales exceeded $5 billion

February 19, 2020

The reporter recently learned that LCD panel companies LG Display's traditional off-season is not weak, and LCD panel sales in the first quarter exceeded $5 billion.

It is understood that in the first quarter of this year, LG Display once again ranked first in the world in the large LCD panel market with a market share of 27.1%. This is already LG Display has been stable for 3 consecutive years and 5 months since October 2009. Market share is the highest in the world. In April of this year, LG Display's LCD panel production reached 1.30 billion pieces, which translates into an area of ​​about 150 million square meters, which is equivalent to about 21,000 football fields.

At present, LG Display is accelerating the development of OLED. It has invested 315 million US dollars and 636 million US dollars to build a 8.5-generation OLED production line with a monthly capacity of 8,000 pieces and a monthly production capacity of 26,000 pieces. In January this year, LG Display successfully achieved the world's first 55-inch OLED TV panel. Mass production, and the world's first successful launch of flexible OLED TV panels last month, has begun to supply to manufacturers.

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